New England Journal of Medicine February 15, 2024

Inhibition of CD40L with Frexalimab in Multiple Sclerosis

Vermersch P, Granziera C, Mao-Draayer Y, Cutter G, Kalbus O, Staikov I, et al.

Bottom Line

In a phase 2 clinical trial, frexalimab, an Fc-engineered anti-CD40L monoclonal antibody, significantly reduced the number of new gadolinium-enhancing brain lesions in patients with relapsing multiple sclerosis at 12 weeks compared to placebo.

Key Findings

1. At week 12, the adjusted mean number of new gadolinium-enhancing T1-weighted lesions was 0.2 in the 1,200-mg intravenous frexalimab group and 0.3 in the 300-mg subcutaneous group, compared to 1.4 in the pooled placebo group.
2. The 1,200-mg and 300-mg frexalimab groups demonstrated an 89% (rate ratio 0.11; 95% CI, 0.03 to 0.38) and 79% (rate ratio 0.21; 95% CI, 0.08 to 0.56) reduction in new T1 lesions relative to placebo, respectively.
3. Neurofilament light chain (NfL) levels relative to baseline were reduced by 24% and 18% in the high- and low-dose frexalimab groups compared to placebo.
4. Frexalimab was well tolerated; the most common adverse events in the treatment groups were uncomplicated COVID-19 (in 9.8% of the low-dose group) and headaches.

Study Design

Design
RCT
Double-Blind
Sample
129
Patients
Duration
12 wk
Median
Setting
Multicenter, global
Population Adults aged 18 to 55 years diagnosed with relapsing multiple sclerosis, showing evidence of active disease (recent relapses or gadolinium-enhancing MRI lesions).
Intervention Frexalimab administered either 1,200 mg intravenously every 4 weeks (following an 1,800-mg loading dose) or 300 mg subcutaneously every 2 weeks (following a 600-mg loading dose).
Comparator Pooled matching intravenous or subcutaneous placebos.
Outcome Number of new gadolinium-enhancing T1-weighted lesions on MRI at week 12 relative to week 8.

Study Limitations

The trial had a short 12-week double-blind duration, necessitating long-term follow-up to confirm sustained efficacy and safety.
The sample size was relatively small (N=129).
The primary endpoint was based on surrogate MRI markers (lesion counts) rather than clinical milestones such as annualized relapse rates or confirmed disability progression.
The study was not powered to directly evaluate differences in clinical disability.

Clinical Significance

Frexalimab represents a paradigm shift in the treatment of multiple sclerosis. Unlike high-efficacy anti-CD20 therapies that broadly deplete B-cells, targeting the CD40/CD40L costimulatory pathway mitigates both adaptive and innate neuroinflammation without inducing systemic lymphocyte depletion. These robust phase 2 imaging results justify ongoing phase 3 trials to establish it as a safer, non-depleting, high-efficacy disease-modifying therapy.

Historical Context

The CD40-CD40L pathway has long been an attractive target for treating autoimmune diseases due to its central role in immune cell licensing and activation. However, early development was severely hindered because first-generation anti-CD40L antibodies (such as ruplizumab) triggered severe thromboembolic events through Fc-mediated cross-linking of platelet receptors. Frexalimab was specifically Fc-engineered to circumvent platelet aggregation, finally unlocking the clinical potential of CD40L inhibition in neurology and rheumatology.

Guided Discussion

High-yield insights from every perspective

Med Student
Medical Student

How does the CD40-CD40L interaction contribute to the pathophysiology of multiple sclerosis, and how does blocking this pathway differ mechanistically from B-cell depleting therapies like ocrelizumab?

Key Response

CD40L on T cells binds CD40 on B cells and antigen-presenting cells, driving B-cell activation, class switching, and APC maturation. Unlike ocrelizumab which lyses CD20-positive B cells, frexalimab modulates the costimulatory crosstalk between T and B cells, preventing pathogenic activation while leaving overall B-cell counts largely intact.

Resident
Resident

Historically, early anti-CD40L antibodies were abandoned due to severe thromboembolic complications. How does the Fc-engineering of frexalimab mitigate this risk, and what clinical monitoring should be prioritized?

Key Response

Earlier drugs bound CD40L on platelets and their native Fc regions cross-linked with Fc-gamma-RIIa, causing platelet aggregation. Frexalimab has a mutated Fc region to eliminate Fc-gamma receptor binding, removing this pro-thrombotic effect. While standard infection and liver monitoring remain necessary, vigilance for any subtle vascular events is historically relevant.

Fellow
Fellow

Given the mechanism of costimulation blockade compared to direct cellular depletion, is a 12-week primary endpoint for gadolinium-enhancing lesions sufficient to capture the maximal onset of action of frexalimab?

Key Response

Costimulation blockade alters immune signaling and germinal center reactions, which may have a slower onset of maximal efficacy than the rapid cellular lysis seen with anti-CD20 agents. While 12 weeks showed significant MRI activity reduction, understanding the delayed trajectory of immune modulation is critical for comparing true long-term efficacy with highly active depleting agents.

Attending
Attending

If phase 3 trials confirm frexalimab's efficacy and safety, where will an anti-CD40L non-depleting therapy fit into our treatment algorithm, particularly concerning infection risk and vaccine responses?

Key Response

A non-depleting high-efficacy therapy could offer profound disease control with lower opportunistic infection risks and potentially better humoral vaccine responses compared to current B-cell depleting therapies. This makes it an attractive future option for vulnerable populations or patients requiring frequent immunizations.

Scholarly Review

Critical appraisal through the lens of expert reviewers and guideline development

PhD
PhD

What are the methodological limitations of using gadolinium-enhancing MRI lesions at 12 weeks as a surrogate primary endpoint for clinical disability progression, and how should a phase 3 trial be optimally powered?

Key Response

MRI lesions provide early proof-of-concept for anti-inflammatory effect but suffer from the clinico-radiological paradox, correlating poorly with long-term disability and failing to measure compartmentalized CNS inflammation (smoldering MS). A phase 3 trial must be powered for annualized relapse rate (ARR) and confirmed disability progression (CDP) over a multi-year period.

Journal Editor
Journal Editor

In reviewing this phase 2 data, how does the relatively short follow-up and sample size limit the robustness of the safety profile, specifically regarding the claim of absent rare thromboembolic events?

Key Response

A 12-week phase 2 trial is fundamentally underpowered to detect rare adverse events like atypical thromboses or subtle opportunistic infections. A seasoned reviewer would flag that claims of an improved safety profile regarding thromboembolism must be heavily caveated until large-scale, long-term phase 3 data are available.

Guideline Committee
Guideline Committee

Assuming positive phase 3 data, what level of evidence would be required to update current EAN/ECTRIMS guidelines to recommend frexalimab as a first-line high-efficacy alternative, and how might its mechanism alter pre-treatment screening recommendations?

Key Response

To match Class I evidence for anti-CD20s, frexalimab needs phase 3 data showing superiority or non-inferiority in ARR and CDP. Because it is non-depleting, guidelines regarding pre-treatment immunization windows and immunoglobulin monitoring might be substantially relaxed compared to existing recommendations for ocrelizumab or ofatumumab.

Clinical Landscape

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